logo
Bitget Lists SUIUSD and MANAUSD Perpetual Futures

Bitget Lists SUIUSD and MANAUSD Perpetual Futures

Bitget, the leading cryptocurrency exchange and Web3 company, has announced the launch of SUIUSD and MANAUSD perpetual futures, effective June 16, 2025 (UTC+8). These new listings are part of Bitget's continued effort to expand its derivatives portfolio, providing global users with more comprehensive trading options.
The SUIUSD and MANAUSD contracts are USDT-margined and support up to 25x leverage. Designed for 24/7 trading, both contracts follow an eight-hour funding fee settlement cycle and feature a precise tick size of 0.0001. These parameters support diverse trading strategies, including high-frequency and algorithmic approaches.
Trading for these contracts is available via the official Bitget website and mobile application. Bitget may adjust contract specifications such as tick size, leverage limits, and margin requirements in response to prevailing market risk conditions. Users are encouraged to consult the platform for real-time updates.
The addition of these contracts enhances Bitget's offerings in the perpetual futures space, reinforcing the exchange's role as a destination for professional and retail traders seeking flexibility, speed, and strategic tools in crypto derivatives trading.
For full details, users can visit here.
About Bitget
Established in 2018, Bitget is the world's leading cryptocurrency exchange and Web3 company. Serving over 120 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a leading non-custodial crypto wallet supporting 130+ blockchains and millions of tokens. It offers multi-chain trading, staking, payments, and direct access to 20,000+ DApps, with advanced swaps and market insights built into a single platform.
Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World's Top Football League, LALIGA, in EASTERN, SEA and LATAM markets, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency.
For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet
For media inquiries, please contact: media@bitget.com
Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Semler Scientific Investors Cheered by New Hire, Lofty Bitcoin Acquisition Goals
Semler Scientific Investors Cheered by New Hire, Lofty Bitcoin Acquisition Goals

Yahoo

timean hour ago

  • Yahoo

Semler Scientific Investors Cheered by New Hire, Lofty Bitcoin Acquisition Goals

Semler Scientific (SMLR) has hired Joe Burnett to the newly created position of director of Bitcoin strategy. Alongside, the company — which currently holds 4,449 bitcoin worth about $462 million — announced a goal of owning at least 10,000 bitcoin by the end of this year, 42,000 by year-end 2026 and 105,000 by year-end 2027. "We are excited to have Joe join our Bitcoin strategy team and help drive our three-year-plan to own 105,000 Bitcoins," said company Chairman Eric Semler in a press release. "Joe is an analytical thought leader on Bitcoin and Bitcoin treasury companies. His expertise will be instrumental as we pursue our Bitcoin treasury strategy and aim to deliver long-term value to our stockholders." "For over seven years, [Joe] has publicly been making the case for Bitcoin as the world's most advanced form of monetary technology," the release continued. "He previously served as director of market research at Unchained, a Bitcoin-focused financial services company." Investors, for now, are applauding the news, sending SMLR higher by 14% on Friday even as bitcoin has dipped back below $104,000 and most BTC-related stocks are trading in the red. Prior to today, though, it's been a rough ride for SMLR, which remains lower by 33% year-to-date and more than 50% off its 2025 high above $80. The sharp share price decline has left the company's market capitalization at or below the value of the bitcoin on its balance sheet — thus taking off the table the ability to accretively raise money for more BTC purchases through common share sales. The hiring of Burnett and lofty BTC acquisition goals suggests Semler is likely to get creative with capital raising plans, perhaps — in similar fashion to Michael Saylor's Strategy — turning to the preferred share market.

The Bitcoin Train Left the Station at $111K—Or Did It? This On-Chain Expert Says We're Still at the Platform
The Bitcoin Train Left the Station at $111K—Or Did It? This On-Chain Expert Says We're Still at the Platform

Yahoo

time2 hours ago

  • Yahoo

The Bitcoin Train Left the Station at $111K—Or Did It? This On-Chain Expert Says We're Still at the Platform

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Bitcoin's surge to $111,000 in late May has left many investors wondering whether they've missed the boat—or if the real gains are just getting started. According to PlanB, one of cryptocurrency's most followed analysts, we may be witnessing something unprecedented: a 'different' kind of bull market that's only just begun. Bitcoin hit a new all-time high of $111,000 at the end of last month, surpassing its previous peak of $102,000 from earlier this year. But according to PlanB's market cycle analysis, this milestone comes with a crucial timing element: we're now approximately 34 months away from Bitcoin's next halving event in 2028. Don't Miss: — no wallets, just price speculation and free paper trading to practice different strategies. Grow your IRA or 401(k) with Crypto – . PlanB uses a color-coded system to track Bitcoin's position within its four-year halving cycles, and the indicator has just turned 'orange'—signaling we're in the early phases of what could be an extended bull market. Think of these colors as a countdown timer rather than a crystal ball: orange, yellow, green, and blue represent different stages leading up to the next halving, when Bitcoin's supply growth rate gets cut in half again. 'This isn't predictive,' PlanB emphasizes. 'It's detection—telling us where we are in the cycle, not where we're going.' What makes this cycle particularly intriguing is its unconventional shape. Unlike the explosive, vertical runs of 2017 or 2020, this bull market is characterized as 'flatter and longer'—a pattern that might actually signal more sustainable, institutional-driven growth. The current market structure is based on on-chain analysis rather than PlanB's Stock-to-Flow model, focusing on actual Bitcoin network activity and holder behavior. After what PlanB calls a 'fake loop' following January 2024's ETF introductions, Bitcoin has returned to where previous bull markets typically began their major ascents. Key insight: Despite Bitcoin already reaching six figures, PlanB believes we're at the 'very beginning' of this bull cycle—a potentially explosive revelation for long-term investors. Trending: New to crypto? on Coinbase. Traditional investors often rely on the Relative Strength Index to gauge whether an asset is overbought (typically above 70) or oversold (below 30). But Bitcoin plays by different rules. While conventional assets fluctuate between RSI levels of 30-70, Bitcoin's RSI typically ranges between 40-45 and 90-95, with an average around 65. Currently sitting near 69, Bitcoin's RSI has room to run much higher before signaling genuine overextension. The math gets interesting: PlanB expects Bitcoin's RSI to climb above 80, historically associated with monthly returns of 40% or higher. If Bitcoin sustained four consecutive months of 40% gains from current levels around $104,000, the price could theoretically reach $400,000. However, there's a potential wrinkle: as traditional finance professionals enter the Bitcoin market, their conventional RSI interpretations might lead to earlier profit-taking, potentially creating a 'tighter range' than in previous cycles. Beyond technical indicators, Bitcoin's on-chain metrics tell a compelling story through 'realized price'—essentially the average cost basis of all Bitcoin holders based on when coins last moved on the blockchain. Currently, the realized prices stand at: Overall realized price: $47,000 Two-year realized price: $81,000 Five-month realized price: $96,000 With Bitcoin currently trading around $104,000—well above all these cost basis levels—and all realized prices trending upward, the data suggests strong underlying demand and holder conviction. This pattern, where Bitcoin trades above rising realized prices, has historically continued for months or even entire most striking is PlanB's long-term valuation framework. Despite Bitcoin's impressive run to six figures, he argues the cryptocurrency remains 'very undervalued' relative to its Stock-to-Flow model value of $500,000—projected as the average price for this four-year cycle based on Bitcoin's increasing scarcity. The projected price range for this cycle spans $250,000 to $1 million, with three years remaining in the current cycle. Supporting this bullish thesis is the continued divergence between Bitcoin's geometric and arithmetic 200-week moving averages—a technical pattern that has historically characterized major bull markets. For Long-term Holders: The analysis suggests patience may be rewarded, with the bulk of gains potentially still ahead despite Bitcoin's already impressive performance. For New Investors: While $104,000 might seem like a daunting entry point, the on-chain and cycle analysis suggests we may be in the early innings of a multi-year bull market. Risk Considerations: Remember that cycle-based analysis isn't foolproof. Regulatory changes, macroeconomic shifts, or unexpected technical developments could alter Bitcoin's trajectory. Past performance doesn't guarantee future results, especially at these elevated price levels. PlanB's analysis challenges the conventional wisdom that Bitcoin's move to six figures represents a cycle peak. Instead, the data suggests we may be witnessing the opening act of an unconventional but potentially powerful bull market—one that's 'flatter and longer' than previous cycles but could ultimately reach even greater heights. Whether you're a Bitcoin maximalist or a skeptical observer, the confluence of on-chain metrics, cycle positioning, and technical indicators presents a compelling case for continued attention to the world's largest cryptocurrency. Just remember: in Bitcoin, as in all investments, higher potential returns come with higher risks. Read Next: Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing — Image: Shutterstock This article The Bitcoin Train Left the Station at $111K—Or Did It? This On-Chain Expert Says We're Still at the Platform originally appeared on Sign in to access your portfolio

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store